1909 Amanda DrJonesboro, AR 72401-9103

Property Details for 1909 Amanda Dr

Property size (Sq ft)

6,000 SF

Property type

Office buildings

APN

01-144233-09400

APU

114423309400

Description

This exceptional 6,000 square foot commercial property, located at 1909 Amanda Drive in Jonesboro, Arkansas, presents a unique investment opportunity. Priced at $750,000, this special purpose property seamlessly blends showroom and warehouse space, ideal for a variety of industrial uses. The building features a durable brick and metal siding exterior, ensuring longevity and low maintenance. Two convenient overhead doors facilitate efficient shipping and receiving operations, streamlining logistical processes. The property sits on a sizable lot (exact dimensions not specified) in Craighead County, Arkansas, zip code 72401-9103, offering ample space for expansion or outdoor storage. Its prime location in Jonesboro provides excellent access to transportation routes and a thriving local market. The property is zoned for commercial use (specific zoning details not provided). This versatile space is ready for immediate occupancy and offers significant potential for growth and profitability. The property is currently listed without any existing units. Serious inquiries are encouraged to explore this promising investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $1,554,340

  6.5%

  $1,434,770

  7%

  $1,332,290

• Comparable approach

  Method

  Valuation

  Relative Method

  $467,760

  Geo Method

  $467,760

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,818,850

  Retail / Commercial

  $1,446,640

  Mixed-Use / Specialty

  $1,442,390

  Hospitality / Lodging

  $1,059,420

  Institutional / Educational

  $1,499,830

  Residential Income

  $1,754,800

  Multifamily

  $2,099,580

  Automotive / Energy

  $1,285,570

  Parking / Income-Based Land

  $442,738

  Restaurant / Food Service

  $752,139

  Healthcare / Senior Housing

  $1,478,220

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8221

Longitude

-90.6384

CBSA code

27860

CBSA name

JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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